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This Government Contract opportunity from Department Of Housing And Urban Development was posted on September 13, 2023. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Home Equity Conversion Mortgage Business Service Provider

Awarded
JA_23_40Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 522390
Federal
VA Loan Servicing
Solicitation # 36C10X27R0002
The Department of Veterans Affairs, through the Strategic Acquisition Center in Frederick, Maryland, has issued a draft solicitation for the Portfolio Loan Servicing Contract (PLSC). This firm-fixed-price contract requires a contractor to provide all resources necessary to manage loan servicing and loan sale activities, including the boarding of various loan types within seven calendar days and the maintenance of searchable electronic records for borrower communications. The performance period consists of a base period from FY27 through FY28, with four one-year option periods for a total of five years. Services will be performed at the contractor's site, and the contractor must comply with OMB Circular A-123 and maintain specific insurance coverages, including Fidelity Bond and Errors and Omissions insurance. Award will be based on a best value assessment where non-price factors are significantly more important than price. The evaluation follows a four-phased approach: Phase I screens for minimum operational capabilities (Pass/Fail), Phase II evaluates the technical approach (requiring a Good rating or higher to advance), Phase III assigns a risk rating, and Phase IV assesses past performance and veteran preference. Preference is given to verified Service-Disabled Veteran-Owned Small Businesses (SDVOSB) and Veteran-Owned Small Businesses (VOSB). Proposals must be submitted in six distinct volumes with strict page limits and formatting requirements, including a requirement for proof of 50 million dollars in corporate funds or a line of credit.
Sac Frederick (36C10X)

POSTED

9 days ago

DEADLINE

in 6 days

General Info

NAICS

522390 - Other Activities Related to Credit Intermediation

Place of Performance

Washington, DC, 20410, USA

Set-Aside

NONE

Documents

1

J&A 23-40: Home Equity Conversion Mortgage Business Service Provider

PDF, Low priorityjustification-and-authorization
Low

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Timeline

PhaseAwarded
Posted

Justification (J&A)

Awarded

Contract was awarded

Submission Closed

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Organization & Contact Information

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AgencyDepartment Of Housing And Urban Development → Cpo : It Program Support Division; Noi
Contacts1 person available
OfficeWASHINGTON, DC, 20410, USA
Office AddressWASHINGTON, DC, 20410, USA
Contacts
Carmen Calloway

Full Description

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The Government intends to solicit and negotiate with only one source under the authority of Federal Acquisition Regulation (FAR) 6.302-1 - Only one responsible source and no other services will satisfy agency requirements and 41 U.S.C. 3304 (a)(1). The Department of Housing and Urban Development (HUD) intends to award a sole source Firm Fixed Price contract to Reverse Mortgage Insight Inc, located at 34232 Pacific Coast Hwy, #D4, Dana Point, CA, 92629-3856 for Home Equity Conversion Mortgage Business Service Provider. NO SOLICITATION OR REQUEST FOR PROPOSAL (RFP) IS AVAILABLE. This announcement constitutes the only synopsis for this requirement; and is issued for notification purposes only. No known potential alternate sources exist which could satisfy this requirement. This Notice of Intent is not a Request For Quote/Proposal. Any interested party that believes it can meet this requirement described herein may identify themselves and must provide evidence of their capability to fulfill this requirement being requested by 10:00 AM EST on 9/20/2023 at 2pm EST. Responses must be submitted in writing to Carmen Calloway at Carmen.L.Calloway@hud.gov no later than the time and date noted above. Telephone responses and requests will not be accepted. A determination by the Government not to compete this requirement based on responses to this notice is solely within discretion of the Government. Information received will be considered solely for the purposes of determining whether to conduct a competitive procurement. The North American Industrial Classification System (NAICS) code for this effort is 522390 - Other Activities Related to Credit Intermediation and the business size standard is $28.5M.

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